Category: Residential mortgages
The forecast is based on a Brexit deal being reached by 31 October.
Product transfer rates were 1.7% lower than seen in 2018.
RICS proposed changes to better protect buyers and sellers by introducing improved communication and more standardised offerings.
This option will be available to new and existing borrowers up to 75% LTV.
UTB has chosen Connect for Intermediaries to help it expand its distribution across its specialist mortgage and bridging lines. UTB will lend against many property types and will accept employed, self-employed and pension income.
Nationwide Intermediary Solutions scooped Lender of The Year, Carrington took home Overall Broker of the Year and Aldermore won Specialist Lender of The Year.
There’s two 2-year fixed rates, one available up to 90% LTV at 4.58% and the other is up to 95% LTV at 5.08%. And there’s two 5-year fixed rates, one up to 90% LTV at 4.68% and the other at 5.18% to 95% LTV.
These products come with a free standard valuation, offer £1,000 cashback and are available from 65%-90% loan to value (LTV). There’s a product at 2.36% up to 65% LTV, 2.51% up to 75% LTV, 2.55% up to 80% LTV, 2.69% up to 85% LTV and 3.06% up to 90% LTV.
More than half of the population (53%) see Brexit as the biggest single risk to the market in 2019.
It is understood that Barnard is looking after new business, with Masthaven sales director Richard Deacon taking responsibility for bridging.